Price and Index Pages
PIPS
The SEIFSA Price and Index Pages (PIPS) publication contains a wide range of indices which are used as an inflation modelling tool for contract price adjustment in long-term contract. Whether you are a client, supplier, or service provider the SEIFSA PIPS provides the data and tools you need to maintain project profitability.
Our extensive database tracks and publishes over 260 indices on monthly basis, including steel, metal, labour, transportation, and more. This information allows you to:
- Account for changes in domestic and international prices when adjusting your contract prices.
- Ensure fair contract cost adjustments based on real market data.
- Improve your organisational sustainability by mitigating project cost overruns.
- Minimise project cost issues with accurate price adjustments.
- Monitor market trends to gain valuable insights into cost fluctuations.
SEIFSA PIPS benefits both buyers and suppliers:
- Buyers can be confident that contract price adjustments are fair and market-related therefore guarding against unnecessary project cost overruns while maintaining profitability.
- Suppliers can ensure they receive compensation for cost increases and equally safeguard their profit margins.
Watch the Video below on PIPS
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